Which of the following statements is FALSE?

A$.$ The bid price is the price that a dealer is willing to pay for a security and is lower than the

ask price.

B$.$ Bonds trade less frequently than stocks.

C$.$ In the stock market, the secondary market is the market where new securities are

originally sold to investors by the issuing company.

D$.$ Dividends received by corporations have a $70\%$ to $100\%$ exclusion from taxable income